Bitcoin Forum

hi

i have 3 question.... :P

1) i have some bit-coin hold it or sell worried about crush  :-\

2) its very important me to know how i can mine bit-coin ? i have one pc & a laptop what should i need to mine? how many cost in $ ? how many can i earn from a week.?

3) Mine or invest ? Pb mining or somewhere else ?

waiting for your answer ..... ;)

Its Bitcoin

NOT bit-coin!

1 keep bitcoins holding steady and will start going up
2. dont even bother trying to mine unless you want to put serious $$$$ into proper hardware. for anyone else out there thinking bitcoin is a get rich scheme just by mininig on a computer its just not. even low end miners making tiny tiny profits have devices that can do 10000 times the work a high end gaming pc can do.
3. either pbmining or cex.io

sorry if im a bit harsh but theres been so many asking number 2 that it anoying. just look through the forums over a few days do some research.

1) Hold it, it would go higher, based on many observation. It may crash though, never put what you cannot afford to lose.
2) PC and Laptops are out of the mining game. Even with high end ASICs, it can be a struggle to make ROI, cooling, space, difficulty increase, hardware price and electrical price is almost always the issue.
3) Never buy mining contracts, you would not make ROI, you might even lose a portion of it. Investment have a very big risk.

2) You can mine alt coins and then sell them for bitcoin.

Given that alt coins can be a pump and dump, it may not be profitable. Alt coin is less stable than bitcoin and can crash at any moment, once it crash, you would be wasting your whole time mining.,

1. everything in this world has a risk, its up to you how to ride with the wind
2. you can calculate the bitcoin gain in here https://alloscomp.com/bitcoin/calculator
3. depends, i recommend you hosted mining if you're a busy person try ghash.io

1) I suggest you to take it as a long-term investment and hold your bitcoin for years. But that is just my own speculation on the bitcoin price. :)

2) To mine bitcoin, you need to buy some sha256 ASICs. But, I don't think you can get your investment back.
You may also mine altcoins with your CPUs and GPUs and trade them for bitcoin. But, the amount you can get would be pretty low (probably less than your electricity cost).

Hosted mining wouldn't make ROI, they can either run away after a short period of time or overpriced them. There isn't much reason to allow people to rent their hashrates if they can mine themselves and make a profit.

Hi there,

Im a rookie as well but I would keep it as a Bitcoin will be there for the long run. More and more companies are accepting it as a payment.

Also started two cloud mining contract (just small to try out) but pbming is the most profitable one. It is possible to try it with a small contract and see it for yourself. As ever there is always speculation pb works great for me but I also read some speculation about how real it is. That said I've invetsed a bit more seeing the results I had.

If you do try dont be shy to use my referral :)
http://pbmining.com?ref=Wautje

Hope this helps?

if you use a multi pool that automatically sells for bitcoin the risk of being victim of a pump and dump is low.

Not really, multipool usually takes sometime to exchange them for BTC. The coins have to be matured before being able to sell them. It can take a few hours as I know of none of them who can immediately exchange them for BTC. Between this period of time, the risk is still there.

pbmining has no facility, its mixed coins are coming from else where. Similar to a pyramid chain, theres a thread not long ago about them.

Despite them paying people out regular weekends etc.

They refused to provide a single proof of them mining. Even CEX.IO allows user to redeem hardware and provide proof of their mining facilities. Their proof is visible on blockchain as they are getting blocks regularly compared to their hashrates.

Buy and hold. You are building a legacy for your children and their children.

Mining with default PC's will give you some cents/week and make your PC's lifetime decrease quickly

Mining with notebook may give you cents by month and is the same as throwing it by the 10th floor window.

So what is left is investing and services

Buy and hold and retire in 10 years  8)

You mean this thread https://bitcointalk.org/index.php?topic=484355.new ?

PBmining has sold 1300 TH/s hashrate already (according to the stat on their site), but they don't even care to tell us what equipment they are using. ;)

Pm mining contuniues to be interesting with all the speculation however they do continue to deliver every week.

Another newbie question: what are mixed coins?

Coins which originates from other places. It often helps to prevent people tracking on the bitcoin. It promote anonymity. For example, if you do not want people to track it, you would send the coins to a service which helps you to mix the coins. The coin associated with your older transaction will not appear in the new transaction. Therefore, people won't know where the coin you sent went. An example mixer is bitmixer.io

Exactly.

If PBmining does have 1300TH/s, they should get about 10 blocks a week on average and they could send payments directly using the block rewards.
Instead, they use a mixer to hide where their coins came from...

Using a mixer would incur a larger fee, makes no sense since they wouldn't want to waste their money on this. They may be trying to hide their pool though, they might not want people to know which pool are they mining on but that seems suspicious as they don't have much reason to hide a pool.

1 ) keep your bitcoins and watch them to go up or just to some trades with altcoins..:)
2 ) if you have a pc or laptop you cannot be able to mine btc yes you can mine altcoins and exchange them in bitcoins for alt coins you need atleast a good gpu for mining about of 200 dollars atleaset.
3 ) i will say you to invest in pbmining you can buy much ghs at cheap rates some ppl say its a fake site scam but its not..and if you want an account i have a account if you want to buy let me know

and if you want to bet your bitcoins go to luckyb.it and bet coins and win easily..:)

1. You could hold some bitcoin and still keep most of your money in fiat. This way, even if bitcoin price crashed to 0, your loss won't be too big.

2,3. To be honest, I would rather just buy bitcoin directly.

2) The best GPU isn't even likely to hit $200 profit. The difficulty would increase at a fast rate.
3) cloudmining does have a risk, I don't think it is logical to buy something with huge risk. Until now, I can't find a proof of their mining hardwares and they can runaway anytime.